More than 10,000 commercial insurance policy forms & endorsements easily comparable by all insurance professionals
NEW YORK – April 2, 2014 – Advisen Ltd., the single source solution for insurance intelligence, announced today the release of its Policy Insight for Microsoft Word.
The integration of Policy Insight into Microsoft Word allows users to view side-by-side policy form comparisons without logging into another system or site. Policy form wordings and comparisons are now accessible where users are working – to more quickly and easily provide proposals and coverage recommendations, develop new products, and help clients make more informed decisions.
Policy Insight provides access to a structured database of more than 5,000 policy forms and 6,000 endorsements across 11 different lines of business including GL & Umbrella, Property, Environmental, Management Liability, Cyber Risk, and Professional Liability.
Insurers use Policy Insight to identify key differences in coverage among competitors and develop new product opportunities. Wholesale Brokers and Retail Brokers leverage Policy Insight to close business and differentiate themselves from competitors by providing insurance coverage expertise to their clients. Brokers also use Policy Insight when negotiating wordings with underwriters.
Advisen CEO Tom Ruggieri commented:
On-demand policy form comparisons have been a hallmark of Advisen’s offering for over a decade. We took a unique approach by addressing the topics of a policy form as unique data components. We now not only combine these components in a side-by-side format; we also deliver the service in whatever medium works best, and for most P&C professionals, the leading one is Microsoft Word.
Advisen parses insurance policy wordings into more than 100 specific topics per insurance line of business for easy comparison. Policy Insight is available via the following delivery methods: Online, Reports, and MS Office.
Learn more about Policy Insight and for more information, contact [email protected].
Advisen generates, integrates, analyses and communicates unbiased, real-time insights for the global community of commercial insurance professionals. As a single source solution, Advisen helps the insurance industry to more productively drive mission-critical decisions about pricing, loss experience, underwriting, marketing, transacting or purchasing commercial insurance.
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